Tag: Marriott International

Marriott International

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Luxury hotels lift Marriott - raises full-year forecast

Luxury travel continues to perform strongly. That is shown in Marriott International's report for the second quarter, where a sharp increase for the group's luxury hotels helped the hotel giant raise several of its full-year forecasts - despite headwinds in the Middle East.

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Ritz-Carlton’s yacht venture under pressure - lenders forced to ease terms

Ritz-Carlton Yacht Collection, one of the hotel world’s most high-profile expansion projects at sea, has received financial support from its lenders to keep operations afloat.